It’s Another Down Month for Cellphone Maker HTC

Taiwanese phone maker HTC on Tuesday reported continued slowgoing, with July sales of $835.6 million ($25 billion Taiwan dollars). That represents a continued decline over May sales, as well as when compared with a year earlier.

Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work

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